TransferZero

remittancesmobile/online remittanceconsumerbusiness

STATUS: Acquired/Merged
FOUNDING YEAR: 2015
LOCATION: Spain
Last Update: 01/05/2020

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About

TransferZero is an online money transfer service that allows consumers and businesses to send money between countries.

MEDICI Analysis

TransferZero was acquired by Bitpesa in Feb 2018, it is an online money transfer service that allows consumers and businesses to send money between countries.

Focus

PRODUCTS & SERVICES

Online money transfer platform for cross border businesses and individuals

PRIMARY PROBLEM SOLVED

Remittance costs for Consumers & companies

company provided insights

Traction

ACTIVE USERS:

3000

People

BOARD MEMBERS AND ADVISORS

Luis Beneytez

NUMBER OF EMPLOYEES

1-10

Momentum

FUNDED

NO

LISTED

NO

For Investors

FUNDING NEEDED:

€1.5 M

MONTHS LEFT WITH CURRENT CASH BURN RATE:

6 months from 10 Oct, 2017

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2015

LOCATION:

Spain

Views:

47 VISITORS | 77 VIEWS

About

TransferZero is an online money transfer service that allows consumers and businesses to send money between countries.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

TransferZero was acquired by Bitpesa in Feb 2018, it is an online money transfer service that allows consumers and businesses to send money between countries.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

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TransferZero

About

TransferZero is an online money transfer service that allows consumers and businesses to send money between countries.

Focus

PRODUCTS & SERVICES

Online money transfer platform for cross border businesses and individuals

TOP PROBLEM SOLVED

Remittance costs for Consumers & companies

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRIMARY CUSTOMER TYPE

Consumer

PRODUCT ATTRIBUTES

SaaS

White label

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO: Luis Cambronero

BOARD MEMBERS AND ADVISORS:

Luis Beneytez

Momentum

FUNDED

NO

TOTAL FUNDING:

$900 K

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES
Seed Oct 2016 --- USD900 K